Business Directories

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, beat the average forecast of analysts as it reported a 27 per cent jump in second-quarter net profit on Tuesday, according to Reuters calculations.

Turkish Islamic lender Bank Asya said an exclusive deal with Qatar Islamic Bank (QIB) to acquire a stake in the Turkish lender was annulled, opening the way for alternative suitors.
Bank Asya attempted earlier this year to form a partne

Qatar Islamic Bank (QIB) has entered into exclusive discussions to acquire a stake in Turkey's Bank Asya, the Qatari lender said in a statement.
"QIB is seeking to finalise the transaction within the next few months, subj

Doha-based QInvest and Qatar Islamic Bank have jointly launched a range of multi-manager funds, as the investment firm forges closer ties with its largest shareholder.
The three sharia-compliant funds are part of broader plans to

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, more than tripled its fourth-quarter net profit, beating analysts' expectations, as it continued to benefit from high loan growth in the country.

Commercial Bank of Qatar (CBQ) and Qatar Islamic Bank (QIB) have asked Qatar Exchange to increase the number of their shares available to foreign investors to 25 percent of their market capitalisation, the exchange said on Wednesday.

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, is not expecting to issue more Islamic bonds before 2014, its chief executive said on Wednesday.
"I don't think it will be needed;

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender, is planning to issue a five-year benchmark-sized Islamic bond, or sukuk, this week, arranging banks said on Tuesday.
Price guidance for the dollar-den